Do you have a dispute with a business?
Make it public
AFRICAN CINEMA LTD
36 HALDANE CLOSE LONDON, HALDANE CLOSE, LONDON, N10 2PBCompany Number: 11999694
Incorporation date: 16-May-2019
Status: Active
Entity type: Private Limited Company
SIC codes:
18202 Reproduction of video recording
SUMMARY
This company is 4.9 years old and is currently active. It is controlled by Mr Patrick Osei Owusu. The company has positive equity (net assets) of GBP 5.6 thousand which has decreased from the previous year's figure of GBP 18.1 thousand. The latest reported revenue figure is GBP 6.9 thousand which is down -40% on the previous year. Retained earnings is negative (GBP -79.4 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 1 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 29-Feb-2024Accounts Filed: TOTAL EXEMPTION FULL (31-May-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-May-2022 | GBP | 6,930 | -12,413 | -12,413 | |||
31-May-2021 | GBP | 11,386 | -12,594 | -12,594 | |||
31-May-2020 | GBP | 16,279 | -54,350 | -54,350 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-May-2022 | GBP | 228 | 228 | 32,367 | 85,000 | -79,356 | 5,644 | ||
31-May-2021 | GBP | 2,679 | 2,679 | 35,000 | 85,000 | -66,944 | 18,056 | ||
31-May-2020 | GBP | 2,679 | 2,679 | 35,000 | 85,000 | -54,350 | 30,650 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Patrick Osei OWUSU | 16 May 2019 | Record Producer | Ghanaian | 2 - 0 | 0 (0.0%) |
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
||
---|---|---|
ISREAL PRODUCTIONS LTD (09637706) - Active | ✔ | |
AFRICAN CINEMA LTD (11999694) - Active | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
AFRICAN CINEMA LTD
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
18202 Reproduction of video recording)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
AFRICAN CINEMA LTD | 0.7% | 3.8% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.7% | 3.7% | 7.0% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 0.6% | 6.1% | 8.0% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |